A recent decision out of the Armed Services Board of Contract Appeals serves as a useful reminder that the rules regarding apparent authority in contracting apply differently to government employees ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

The general rule is that, in the absence of authority from the board of directors, no person, not even its officers, can validly bind a corporation. However, just as a natural person may authorize ...

A rail company that sold railcars to an individual supposedly acting on behalf of another company can’t sue the other company for breach of contract – even though the individual used that company’s ...

On July 29, 2020, the Minnesota Supreme Court issued an opinion* that reverses the long-held common-law understanding in Minnesota that hospitals are not liable for the actions of their physician ...

A state appeals court on Wednesday opened the door wide to malpractice liability for hospitals that use contract doctors in circumstances that lead patients to believe they are staff physicians. A ...